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obsta cals that would complicate resolution because the subs would remain open and ormente. -- and operate. but the f.d.i.c. and federal reserve has formed crisis management groups. and under the us pisses for each of the us based companies. and we are the crisis management groups are intended to enhance institution specific planning for possible future resolution and we're engaged in on john meetings and dialogues with those entities. so we're working on a buy lateral basis with foreign supervisors as well and over foreign operations of key u.s. firms. it's interesting because the u.s. companies tend to be very highly concentrated in a relatively small number of key foreign jurisdictions, particularly the united kingdom. in our initial work with the foreign authorities has been encouraging. we've made progress with your u.k. count parts in understanding how resolution would work and how it would be treated under existing u.k. law. and we're examining impedimentes to effect resolutions and we're working on a cooperative basis to overcome those. so in conclusion, dodd-frank
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